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Thread: What Marketing Automation System/Payment Processor Do You Use?

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  1. #1
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    Thumbs up

    As I'm mainly an affiliate marketer, I don't have many of my own products. But for those I do have, I mainly use PayPal via the RAP (Rapid Action Profits) software at this time. Will be adding a merchant account later this year but still trying to figure out which shopping cart to go with if I decide to continue adding my own stuff.

    Got lots of stuff to think about THIS year! heh heh

    Shake, Rattle & ROLL!



    P.S. BTW ... How's it going Mr. Merz?
    Last edited by Rick Wilson; 02-25-2012 at 10:17 PM.

  2. #2
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    Anyone that has done substantial volume in the IM world has a horror story working with Paypal and several other ewallet solutions. Frozen funds; slow paying; etc..... The best long term strategy is to have several of your own merchant accounts with different banks/processors. You get paid the next day; they are much more flexible to work with and they don't have a draconian approach to issues. Unfortunately, they are harder for most IM's to get because the bank/processor underwriting is stricter. The other advantage, if you can get multiple merchant accounts, is that they typically have multiple options in regards to software that is already integrated and provides significant value. We typically work with a virtual terminal software that provides some back end functionality: authorize.net; yourpay, etc...

    The last advantage is that unlike with paypal and other ewallet solutions, it is much easier to make changes to a merchant account in regards to types of products, dba's and business names. We have had a number of our merchant accounts for several years and we have been able to sell several programs under them without getting a brand new account for each product. We have even helped out other IM's that we work with that need additional payment capacity because their ewallet has terminated them or is holding money.....We change the descriptor and the dba with the bank and let them know what we are doing and we are in business.

    Hope the information helps.....

    Mark

  3. #3
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    Paypal Frozen Funds

    Quote Originally Posted by Mark Apsey View Post
    Anyone that has done substantial volume in the IM world has a horror story working with Paypal and several other ewallet solutions. Frozen funds; slow paying; etc..... The best long term strategy is to have several of your own merchant accounts with different banks/processors. You get paid the next day; they are much more flexible to work with and they don't have a draconian approach to issues. Unfortunately, they are harder for most IM's to get because the bank/processor underwriting is stricter. The other advantage, if you can get multiple merchant accounts, is that they typically have multiple options in regards to software that is already integrated and provides significant value. We typically work with a virtual terminal software that provides some back end functionality: authorize.net; yourpay, etc...

    The last advantage is that unlike with paypal and other ewallet solutions, it is much easier to make changes to a merchant account in regards to types of products, dba's and business names. We have had a number of our merchant accounts for several years and we have been able to sell several programs under them without getting a brand new account for each product. We have even helped out other IM's that we work with that need additional payment capacity because their ewallet has terminated them or is holding money.....We change the descriptor and the dba with the bank and let them know what we are doing and we are in business.

    Hope the information helps.....

    Mark
    Mark,

    I can totally relate to this...

    Two years ago I had a Paypal account frozen and they automatically cancelled the recurring subscription payments. The site was doing about £10,000 per month at the time!

    It was heart breaking watching all the subscriptions being cancelled!!

    Greg
    Are You Suffering from a lack of website visitors?&nbsp; <br />http://trafficsonic.com

  4. #4
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    I use and have used Paypal, Paydotcom, 2checkout and Clickbank over the years!

    Really like Clickbank because they pay my affiliates automatically!!

    Greg
    Are You Suffering from a lack of website visitors?&nbsp; <br />http://trafficsonic.com

  5. #5
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    hey Guys ..... what is the process i should go through for my new product launch??
    Best Regards,

    Deon

    PS: don't forget to give a Thumbs up :]

  6. #6
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    Quote Originally Posted by Deon Lundy View Post
    hey Guys ..... what is the process i should go through for my new product launch??
    In what respect, Deon?

    Seeing as you're responding to this thread, I'm assuming you need help choosing a marketing system/payment processor? ... or no?

    Please be more specific.

    Cheers,

    Mike Sr

  7. #7
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    I dont have any great allegiance. I use a variety for different products like; Clickbank, JVZoo, Paypal.

    Az
    Start Earning 50% Commission on the Hottest New WP Plugin Release + win a Cash Prize!

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  8. #8
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    I use 1SC for reporting and tracking ... we're paying commissions out by check right now (US) and PayPal for international partners. PayPal works great for international relationships as, depending on the country, it can cost your partner $ just for cashing/depositing US checks.

  9. #9
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    Hey, Rhode Island Rebel ... great to hear from you, Ol Buddy.

    "P.S. BTW ... How's it going Mr. Merz? "

    Same old, Rebel ... just a few extra pounds and a little less hair.

    How are things up north?

    Cheers,

    Mike Sr

  10. #10
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    Quote Originally Posted by Mike Merz View Post
    Hey, Rhode Island Rebel ... great to hear from you, Ol Buddy.

    "P.S. BTW ... How's it going Mr. Merz? "

    Same old, Rebel ... just a few extra pounds and a little less hair.

    How are things up north?
    Been enjoying the balmy weather up here recently. "WHAT winter?" is the line up here. At least in my neck of the woods. Haven't shoveled once (so far). I'm ready for some patios by the waterfronts to open up! LOL

    But things have been going very well, thanks.

    I hear ya about the "... just a few extra pounds and a little less hair" bit, tho. heh heh

    Have Fun!


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